<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
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Cospower Engineering Ltd has submitted a declaration to BSE stating that it does not qualify as a 'Large Corporate' under SEBI's framework (SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023). Large Corporate classification applies to entities with outstanding borrowings above a specified threshold that must meet incremental borrowing requirements through debt securities. Since the company falls below this threshold, it is not obligated to file the quarterly Large Corporate disclosures. The letter is signed by Oswald Rosario Dsouza, Whole-Time Director, dated April 8, 2026.
This is a routine compliance filing with no material impact on the stock. It simply confirms that Cospower Engineering's borrowings are below SEBI's Large Corporate threshold, indicating the company is relatively small in terms of debt exposure.